SIR sirius resources nl

SP, page-6

  1. 4,878 Posts.
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    I agree.

    Another Nova style hit and I reckon we would be testing the $5 high.

    If the gold ends up looking a near term goer with strong drill results, then around $3.5 to $4.

    If neither eventuates, then we have some issues. Namely a long period of time before production, continued weak Ni prices (although this may change into 2016), and a high cash burn (due to all the drilling, etc) and the market may think another CR might be on the agenda.

    I would guess a strong retest of the $2.00 ish support. I would expect the sp to wallow somewhat.

    Then again, they are smart operators and you never know when a left field announcement might arrive.

    It's a speculative share. The only sure thing is the price will be volatile.

    All my opinions.

    Milesy.
 
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